Welcome to

Coconut Grove


Florida - Miami

26.7°C

Coconut Grove - Miami

Coconuts Grove is the historic district of Miami. It was one of the first favorite neighbourhoods of intellectual artists and previously of hippies during the Flower Power era. Today, Coconuts Groves is an upscale residential neighbourhood that has become a welcome land for rich, famous and discreet people. It is a true islet with luxury vegetation, which houses some of the most beautiful residences in the region.The atmosphere is very peaceful, far from the hustle and bustle of the neighbourhoods that surround it. It is possible to come relaxing, through a walk in one of the magnificent tropical parks.

Market overview

Miami is one of the regions that was most affected by the real estate crisis of 2007. At that time, some properties had lost more than 50% of their value. However, Miami has remained a very attractive city, where anything is possible. As a result, the housing market has recovered well, even if it has not reached its pre-crisis record levels.  The market is now more rental-oriented, which allows investors to continue to make profits. 

In addition, the number of cash purchases continues to increase and allow for high capital gains in the early years. It is thanks to this dynamic that the real estate market has been able to consolidate and continue.

The PRESTIGE MLS agents

Miami
Discover Hotspots in Miami
Miami is an American iconic city, which makes the whole world dream. Multicultural, festive and above all tolerant, Miami is a place where everyone can find his place.Located between the Everglades National Park and Biscayne Park, Miami enjoys a tropical climate, warm and humid all year round. Over the years, Miami has built a reputation as a trendy city, as well as artistic city by hosting every year the international "Art Basel" event that brings together and presents more than 250 prestigious galleries from all over the world.Miami is also famous for the culture of sport: surfing, windsurfing and other street workout have become the most practiced activities in recent years, that make sport as the real king of Miami. Miami's diversity...

No PRESTIGE MLS Partner yet, become the first one to join the selective and professional luxury real estate network!

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